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ONT-USDT
Dokonalost vždy
V technické analýze nám nikdo nemůže konkurovat
#ont  #Binance  #crypto2023  #BTC  

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💸🧵 Thread on Bitcoin Runes 🟧: What Are Bitcoin Runes? Bitcoin Runes is a protocol designed to create fungible tokens on the Bitcoin blockchain. It leverages Bitcoin’s UTXO (Unspent Transaction Output) model, where each transaction output acts as a discrete unit of digital currency. This innovation allows for the seamless integration of token creation within the Bitcoin ecosystem. How It Works: Runes function by etching tokens directly onto the Bitcoin blockchain. This process involves creating a unique identifier and associated parameters for each token, similar to how tokens are created on other blockchains. Creating a Rune Token: The creation of a new Rune token is called Etching. During this process, the following details are specified: - Name: The name of the token. - Symbol: The abbreviated symbol for the token. - ID: A unique identifier for the token. - Supply Amount: The total number of tokens that will be created. - Divisibility: The number of decimal places the token can be divided into. - Other Parameters: Additional settings that define the token’s characteristics. Minting Runes: Once a Rune is etched, it can be minted. Minting can be of two types: - Open Mints: Anyone can mint new Runes, allowing for broad participation. - Closed Mints: Minting occurs under specific conditions, controlled by predetermined rules or agreements. Why It Matters: Runes make it easier and more efficient to trade tokens on the Bitcoin blockchain. By simplifying the token creation process, Bitcoin Runes bridge the gap between Bitcoin’s foundational technology and modern token standards. Don't Fade Runes 🟧 Runes represent a significant innovation in token creation on Bitcoin. Their ability to integrate seamlessly with Bitcoin’s UTXO model makes them a noteworthy development in the blockchain space. As the protocol evolves, it has the potential to drive more diverse applications and innovations within the Bitcoin ecosystem. #BTC

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Whales bought this dip 🐳 1.3B USDT moved to exchanges since Aug 5 Smart money sees opportunity in fear Don't panic, think long-term 💪

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🚫 The Bitcoin Symbol: History, Meaning, and Colors Bitcoin, the first decentralized cryptocurrency created by Satoshi Nakamoto in 2009, has a symbol that encapsulates its essence. 🧵 Follow the thread 🧵 - Origins: Initially, Nakamoto used "BC" or "฿" for Bitcoin. - Iconic Design: In 2010, an anonymous user proposed the now-iconic "₿" with two vertical lines, resembling the dollar sign. 💵 - Community Adoption: This design was quickly embraced by the Bitcoin community. ✅ 🧵 - Symbol Features: The "₿" symbol features an uppercase "B" with a slight right slant and two vertical lines. - Representation: It stands for monetary value, dynamism, and progress. 💹🚀 🧵 - Color Significance: The bright orange color (#F7931A) used in Bitcoin’s branding. - Symbolism: This color signifies energy, creativity, and optimism, and is prominently featured in logos, exchanges, wallets, and promotional materials. 🎨✨ 🧵 - Embodiment: The Bitcoin symbol and its orange color represent decentralization, innovation, and value, reflecting the financial revolution Bitcoin has introduced. 🌐💰 #Bitcoin

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🚨 Bitcoin ETF Options Update 🚨 - CBOE Moves: The CBOE recently withdrew their application for options on spot Bitcoin ETFs. 📉 But don’t worry! They’ve refiled with an updated application. 📄🔄 - Exchange Withdrawals: Since the initial tweet, three other exchanges have also withdrawn their applications to list spot Bitcoin ETF options. 🤔📉 - Key Players: The major exchange filings to focus on are Nasdaq, NYSE, and CBOE. These are the ones that will significantly impact the Bitcoin ETF options landscape. 📈 - Timeline: We’re anticipating Bitcoin ETF options might roll out in Q4 2024. 📅 The final SEC decision deadline is around September 21, but there are more steps involving the OCC and CFTC after that. 🗓️🕒 - Current ETFs: There are already Bitcoin and Ethereum-related ETFs, including leveraged ones, with options available. 🪙💹 - Expectations: While Q4 seems reasonable, it's worth noting that regulatory processes often take longer. The second half of 2024 remains a broader window for potential developments. ⏳ Stay tuned for more updates and keep an eye on the major exchange filings! 📊🔍

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